Crores of dealer: Know the billionaire woman who bought 120 million flats in Mumbai

After the death of Rakesh Jhunjhunwala, the ‘Big Bull’ of the Indian stock market, his wife Rekha Jhunjhunwala has now become a woman buying India’s most expensive Sea-Facing apartments. Rekha Jhunjhunwala has recently bought two luxury apartments worth ₹ 118 crore in Malabar Hill, Mumbai, whose information has been shared by a private public. These flat are located in a building named Oceana, and have paid a premium price of 1.8 lakh per square foot. Some apartments on the lower floor of this building were under Coca-Cola for the last 45 years.

Records show that this property was registered on stamp duty of ₹ 2.36 crore, due to which the total purchase amount becomes ₹ 120 crore. The deal reflects his financial skills and his strong confidence in the Indian real estate market.

Rekha Jhunjhunwala’s total assets are $ 8.6 billion, making them one of the world’s wealthiest women. The large part of his assets comes from the share holdings of Rakesh Jhunjhunwala’s established investment firm, ‘Rare Enterprises’, which includes shares of veteran companies such as Tata Motors, Titan, Crisil and Indiabulls Housing Finance. The Titan company, whose share price is currently ₹ 3,530, is an important part of this portfolio. Rekha Jhunjhunwala is also known for her higher education; He has graduated from the University of Mumbai, which is a proof of his knowledge and financial understanding.

His personal life has also been told that he has connections about the recent Netflix series ‘Hiramandi’. The mother of Rakesh Jhunjhunwala, Urmila Jhunjhunwala, had allegedly advised the famous Indian singer Asha Bhosle to sing a Hiramandi song, as she was involved in a launch event in the book called ‘The Other Half of Bollywood: How Female Co-Actors Hacked The System’. Rekha Jhunjhunwala is not only a successful investor, but is also deeply associated with Indian society and culture.